@Maria Sophia Congrats on the purchase!

But a low purchase price sadly won’t matter if the house barely rents at all unfortunately

I have done some research on purchasing property in Germany, and it seems like a completely different process. 

With the potential for a Fed rate cut on the horizon, it's a great time to consider refinancing or purchasing a home.

I have only purchased turnkey properties in the past and I'm looking to learn from this amazing community what some of the common pitfalls are that I should avoid.

Purchase price: $170,000Downpayment: 20% (34,000)PITI: $955Maint/Cap ex/Vac: $270Gross rent: $1800Cash flow: $1800-$1225=$575

I moved here from Portland OR to start house hacking then moved on to purchase rentals and grew my rental portfolio to over seven figures.

Me and my fiance purchased a 2 family house last November using an FHA.

That decreases the amount of money I would be approved by a lender to purchase a property.

Of course it depends where in the USA you choose to start, but let's guess using averages....With $50k to start with (as a 20% down payment on a rental property) you can purchase a house up to about $250k, right?